Socioeconomic democracy : an advanced socioeconomic system
Author(s)
Bibliographic Information
Socioeconomic democracy : an advanced socioeconomic system
（Praeger studies on the 21st century）
Praeger, 2002
- : hbk
- : pbk
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Note
Includes bibliographical references (p. [285]-297) and index
Description and Table of Contents
- Volume
-
: hbk ISBN 9780275973759
Description
George offers a direct and powerful challenge to the fatal shortcomings of virtually all currently dominant economic paradigms, including those of capitalism, socialism, communism, and so-called mixed economies. The alternative socioeconomic democracy, and advanced theoretical model in which there is some form of universal guaranteed income as well as a limit to maximum allowable personal wealth, combined with a realistic degree of human flexibility based on public choice theory.
Arguing that such a procedure would allow a society to democratically control the extreme limits of material wealth and poverty, the author forecasts that such a system will create strong economic incentives while reducing the present undesirable and expensive social problems associated with the maldistribution of wealth. This innovative book will be of interest to scholars and others interested in exploring ways to strengthen democracy while improving economic systems around the world.
Table of Contents
Forethought Preface Introduction Socioeconomic Democracy: The Theoretical Model Universal Guaranteed Personal Income Maximum Allowable Personal Wealth Democracy Societal Variations Justifications Socioeconomic Democracy and Islam Incentive and Self-Interest Practical Approximations Financial Benefits and Costs Physical Realizability, Feasibility and Implementation Ramifications Appendix - Exercises for the Interested Bibliography Index
- Volume
-
: pbk ISBN 9780275973766
Description
George offers a direct and powerful challenge to the fatal shortcomings of virtually all currently dominant economic paradigms, including those of capitalism, socialism, communism, and so-called mixed economies. The alternative socioeconomic democracy, and advanced theoretical model in which there is some form of universal guaranteed income as well as a limit to maximum allowable personal wealth, combined with a realistic degree of human flexibility based on public choice theory.
Arguing that such a procedure would allow a society to democratically control the extreme limits of material wealth and poverty, the author forecasts that such a system will create strong economic incentives while reducing the present undesirable and expensive social problems associated with the maldistribution of wealth. This innovative book will be of interest to scholars and others interested in exploring ways to strengthen democracy while improving economic systems around the world.
Table of Contents
Forethought
Preface
Introduction
Socioeconomic Democracy: The Theoretical Model
Universal Guaranteed Personal Income
Maximum Allowable Personal Wealth
Democracy
Societal Variations
Justifications
Socioeconomic Democracy and Islam
Incentive and Self-Interest
Practical Approximations
Financial Benefits and Costs
Physical Realizability, Feasibility and Implementation
Ramifications
Appendix - Exercises for the Interested
Bibliography
Index
by "Nielsen BookData"